Technical Analysis of the US Dollar Index
The US Dollar Index is moving in an upward trend on both the 1-hour and 4-hour timeframes. Price has formed an FVG zone on the 4-hour timeframe around the 99.95 level, and prices are expected to move higher from these levels after the formation of positive price action on the 1-hour timeframe.
Key Economic News:
Today, the US dollar is awaiting the Job Openings data and the Labor Turnover Rate.
Liquidity Levels:
Prices are expected to rise and target the 100.40 level, followed by the 100.65 level.
The bullish scenario will be invalidated if prices visit the 99.60 level.
